(MENAFN- iCrowdNewsWire) Business Travel Market Thriving at a Tremendous Growth | Wexas Travel, Booking Holdings, Priceline, BCD Travel, American Express Travel
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iCrowdNewswire Dec 18, 2020 12:00 AM ET
Latest released the research study on Global Business Travel Market , offers a detailed overview of the factors influencing the global business scope. Business Travel Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Business Travel The study covers emerging player's data, including: competitive landscape, sales, revenue and global market share of top manufacturers are Airbnb Inc. (United States), American Express Travel (United States), Expedia Inc. (United States), BCD Travel (Netherlands), Carlson Wagonlit Travel (India), Flight Centre Travel Group (Australia), The Priceline Group (United States), Fareportal, Inc. (United States), Wexas Travel (United States) and Booking Holdings (United States).
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Business travel refers to work or business related travel trips. The business travel market has high growth prospects owing to globalization businesses. Air travel is the easiest and fastest travel mode hence business professionals adopting air travel mode for business trips for visiting the project site, promoting products, building new partnerships, and others. Further. Travel and tourism companies are focusing on marketing strategies to gain a customer base. In addition, the online booking platform for flight tickets is growing which is expected to drive the demand for business travel over the forecasted period.
The Global Business Travel Market segments and Market Data Break Down are illuminated below:
by Industry (Government, Corporate), Service (Transportation, Food & Lodging, Recreation Activity), Traveler (Group, Solo)
Analyst at AMA have conducted special survey and have connected with opinion leaders and Industry experts from various region to minutely understand impact on growth as well as local reforms to fight the situation. A special chapter in the study presents Impact Analysis of COVID-19 on Business Travel Market along with tables and graphs related to various country and segments showcasing impact on growth trends.
Market Drivers
- Growth in Travel and Tourism Industry
- Rise in Globalization of Businesses
Market Trend
- Growing Popularity of Flights as the Fastest and Easiest Mode of Travel
- Emphasizing On Marketing Strategies in the Travel and Tourism Industry
Restraints
- Fluctuating Flight Prices
Opportunities
- Growing Online Booking Platform for Business Travel
- Rising Demand for Leisure Travel Facilities
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Business Travel Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Business Travel market
Chapter 2: Exclusive Summary the basic information of the Business Travel Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Business Travel
Chapter 4: Presenting the Business Travel Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying market size by Type, End User and Region 2014-2019
Chapter 6: Evaluating the leading manufacturers of the Business Travel market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries (2020-2025).
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Business Travel Market is a valuable source of guidance for individuals and companies in decision framework.
Data Sources & Methodology
The primary sources involves the industry experts from the Global Business Travel Market including the management organizations, processing organizations, analytics service providers of the industry's value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.
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What benefits does AMA research study is going to provide?
- Latest industry influencing trends and development scenario
- Open up New Markets
- To Seize powerful market opportunities
- Key decision in planning and to further expand market share
- Identify Key Business Segments, Market proposition & Gap Analysis
- Assisting in allocating marketing investments
Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.
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Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M & As.
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